A public referendum to accept or reject oil production near water resources around the Tauramena is just days away, while Petrominerales (TSX:PMG) holds a meeting to establish ties to local businesses for hiring goods and services and politicians clamor on the threat of seismic testing.
The Technological Units of Santander (UTS) has reached an agreement with Spain’s Salamanca University (USAL) to cooperate on a geotechnic academic program which would mean graduates from the Colombian institute also can receive validation with the Spanish counterpart.
This week the topic of the illegal drug trade continues to dominate the discussion in Habana, Cuba, with the Farc calling for legal coca, decriminalized drug use and participation of the US and European authorities in the discussion.
Ecopetrol (NYSE:EC) has declared to Colombia’s National Hydrocarbons Agency the commercial viability of the Eastern Caño Sur block, adding 22.4 million barrels of 1P reserves.
During the LXXII ordinary assembly of the 32 departmental governors the regional leaders will formulate a request for President Juan Manuel Santos to make a true push for greater administrative decentralization and regional autonomy.
The Ministry of Mines and Energy (MinMinas) published an outline of the policy alignments of the formula to set fuel prices, and said that prices will remain stable in December and have actually shown a 4% decrease compared to last year.
The Colombian government, by way of the Ministry of Mines and Energy (MinMinas) signed a memorandum of understanding with the US government in Washington DC to cooperate on energy matters.
It is far too easy to use stereotypes. We at HCC are as guilty as anyone of saying things like ‘heavy Llanos oil’. The phrase ‘Colombian royalties are 20%’ comes too easily to the tongue. The graph clearly shows the diversity of royalty percentages in the country and by basin.
After a swell in security incidents in recent months in Arauca the Colombian Army has deployed a tactical unit to maintain order and guarantee mobility within the department.
Multinational trading and logistics firm Trafigura Impala is on the verge of starting construction on a river port in Barrancabermeja to ship goods, among them hydrocarbons, along the Magdalena river.
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